$ZIG

Auto Added by WPeMatico

BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

by

A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries like Zimbabwe escape debt cycles and discussed the introduction of Zimbabwe Gold (ZiG), a currency backed by mineral wealth, … Read more

Zimbabwe’s Gold-Backed Currency Sees Gains, but US Dollar Remains Dominant

by

Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government transactions. The government aims to eventually replace the U.S. dollar with the ZIG as the … Read more

Whale Deposit Sparks Price Drop In $ZIG On Bybit

by

A significant deposit of $ZIG tokens has been detected in the CEX Flows section, raising eyebrows in the crypto community. A wallet, identified as 0x905d, transferred 22 million $ZIG tokens, valued at approximately $3.08 million, to the Bybit exchange within the past 24 hours. The 0x905d wallet is suspected to belong to an insider. On … Read more